- Associated Press - Friday, November 21, 2014

CHICAGO (AP) - Attorney General Lisa Madigan says her office will immediately appeal a judge’s ruling that a law to fix Illinois’ worst-in-the-nation state pension shortfall is unconstitutional.

In a statement Friday, Madigan says she will ask the Illinois Supreme Court to expedite the appeal because of the significant impact the decision will have on Illinois’ finances.

Illinois’ five public retirement systems are roughly $100 billion short of what’s needed to pay benefits as originally promised.

Lawmakers and Gov. Pat Quinn signed an overhaul last year that reduces benefits for retirees, but also reduces employee contributions.

Labor unions and retirees sued, arguing the state Constitution prohibits reducing benefits.



The state argued pensions can be modified in times of crisis.

A Sangamon County judge struck down the law as unconstitutional on Friday.

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